It’s been a month since OPEC+ said it will go ahead and gradually unwind its voluntary production cuts starting on April 1, ...
The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...
Oil prices tumbled after OPEC+ agreed to increase crude production for the first time ... and seasonal price hikes,” OilPrice.com wrote. A chart showing the brent crude oil price per barrel.
A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production ... comes as President Trump has called on OPEC countries to “cut the price of oil.” ...
OPEC+ members committed to unwinding oil production curbs starting ... Low demand in China and an ongoing production boom among non-OPEC members have made it difficult for the cartel to achieve ...
The Saudi-led cartel said its members would start gradually pumping more oil in April. By Rebecca F. Elliott Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC ...
What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...
Quoting a Bloomberg survey, they said OPEC oil production increased by 320,000 barrels a day month-on-month in February to 27.35 million barrels a day. The bulk of the increase was driven by Iraq ...
Crude Oil markets declined on Monday, sending WTI 2.5% lower. OPEC has announced a tentative agreement to begin increasing production. Challenges still lie ahead, as many OPEC members rely on high ...
(Bloomberg) -- OPEC+ crude production ... OPEC’s secretariat on Wednesday, preempting the group’s supply revival by two months. Last week, the coalition led by Saudi Arabia and Russia ...